Zevvy's pay-by-the-mile lease product allows drivers to customize their terms and enables them to try an EV without the high initial cost or long-term commitment of a loan, or barriers like mileage caps that come with traditional leases and subscription services. Zevvy customers pay a low monthly fee and only a few cents for every mile they drive, saving money compared to what they would have spent on fuel and maintenance for a traditional gas car.
| Date | Amount | Type | Investors | Valuation |
|---|---|---|---|---|
| 10/26/22 | $5,400,000 | Seed |
BoxGroup Climate Capital Gardner Capital I2BF Global Ventures MaC Venture Capital  MissionOne Capital | undisclosed |
